Hariom Pipe Industries Ltd

Hariom Pipe Industries Ltd

₹ 592 -0.75%
04 Jul 2:42 p.m.
About

Headquartered in Hyderabad, Telangana, Hariom Pipe Industries Limited is an integrated steel manufacturer with a stronghold in the South Indian market. It hasa diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems, our top-quality products cater to a variety of industrial applications across multiple sectors.[1]

Key Points

Product Portfolio
The Company’s products include Mild Steel (MS) Billets, GP, GI Pipes and Tubes, Hot Rolled (HR) Coils, Cold Rolled (CR) Coils, Galvanized Coils, and Scaffolding Systems. [1]

  • Market Cap 1,709 Cr.
  • Current Price 592
  • High / Low 740 / 440
  • Stock P/E 30.0
  • Book Value 161
  • Dividend Yield 0.00 %
  • ROCE 14.6 %
  • ROE 13.5 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 47.2% CAGR over last 5 years

Cons

  • Promoter holding has decreased over last quarter: -1.11%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
94 87 106 124 142 127 123 252 240 302 280 331
81 76 92 107 126 111 104 220 212 266 247 289
Operating Profit 13 11 13 17 16 16 18 31 28 36 33 42
OPM % 13% 13% 13% 14% 11% 13% 15% 12% 12% 12% 12% 13%
0 0 2 0 0 0 0 0 1 1 2 1
Interest 2 2 2 2 2 2 2 5 4 7 11 10
Depreciation 2 2 2 2 2 2 2 3 5 9 10 10
Profit before tax 9 8 12 13 13 12 14 24 20 20 14 24
Tax % 27% 25% 20% 25% 25% 25% 28% 27% 22% 27% 29% 29%
7 6 9 10 10 9 10 17 15 15 10 17
EPS in Rs 3.99 3.35 5.49 5.76 3.74 3.64 3.98 6.25 5.59 5.35 3.55 5.81
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
87 105 134 161 254 431 644 1,153
80 90 117 137 220 374 562 1,015
Operating Profit 7 15 17 23 34 56 82 139
OPM % 8% 14% 13% 15% 13% 13% 13% 12%
1 0 0 0 1 3 1 5
Interest 3 3 3 7 8 8 10 33
Depreciation 2 3 2 5 6 8 9 34
Profit before tax 2 10 12 11 21 43 63 77
Tax % 33% 36% 31% 30% 29% 25% 26% 27%
2 6 8 8 15 32 46 57
EPS in Rs 9.47 5.94 6.21 5.98 8.92 18.83 16.73 19.68
Dividend Payout % 0% 0% 10% 0% 0% 0% 0% 3%
Compounded Sales Growth
10 Years: %
5 Years: 54%
3 Years: 66%
TTM: 79%
Compounded Profit Growth
10 Years: %
5 Years: 47%
3 Years: 56%
TTM: 23%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -6%
Return on Equity
10 Years: %
5 Years: 18%
3 Years: 18%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2 11 13 13 17 17 28 29
Reserves 10 9 21 35 54 84 348 435
Preference Capital 5 3 6 3 0 1 1
24 22 50 65 80 86 296 372
12 17 20 26 23 29 38 44
Total Liabilities 47 58 105 140 174 216 709 880
12 12 43 50 59 54 135 366
CWIP 0 1 0 0 8 10 103 13
Investments 0 0 0 0 0 0 0 0
36 46 62 90 107 152 471 501
Total Assets 47 58 105 140 174 216 709 880

Cash Flows

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4 7 6 1 10 4 -101 5
-0 -4 -32 -12 -23 -4 -222 -182
-4 -3 30 9 12 -0 426 74
Net Cash Flow -0 -0 4 -2 -1 -1 104 -102

Ratios

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 23 36 29 52 28 23 49 39
Inventory Days 165 196 169 251 174 150 172 122
Days Payable 28 31 21 63 9 14 13 8
Cash Conversion Cycle 161 201 177 240 193 159 207 153
Working Capital Days 121 111 116 133 123 107 166 131
ROCE % 30% 22% 18% 21% 28% 17%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
66.03% 66.03% 66.03% 60.92% 60.91% 60.91% 60.91% 58.28% 57.16%
2.18% 2.70% 2.11% 2.52% 2.22% 2.81% 2.58% 6.51% 10.09%
0.43% 0.37% 0.37% 0.18% 0.00% 0.00% 0.00% 0.00% 0.16%
31.35% 30.90% 31.51% 36.38% 36.86% 36.28% 36.52% 35.21% 32.59%
No. of Shareholders 38,50833,47132,85630,70335,94537,85039,80643,56344,582

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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